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QUESTION
Compute the Accounts Payable (A/P) period based on the following information:
Compute the Accounts Payable (A/P) period based on the following information:
Average A/P balance = $61,581Annual Cost of Goods Sold = $377,642Assume 365 days
Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box.
